JAKARTA – Jakarta Composite Index (JCI) returned to the red zone, recording a decline of 1.14% or 78.69 points to 6,794.87 in today’s Wednesday (19/2) trading.

Foreign investor sell-offs once again dominated, with total net foreign sales reaching IDR 1.13 trillion. This selling pressure pushed the year-to-date net foreign sell to IDR 10.19 trillion.

Shares of PT Bank Mandiri (Persero) Tbk (BMRI), PT Bank Central Asia Tbk (BBCA), and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) were among the top laggards on the IHSG today.

BMRI shares fell by 5.05% today, dragging down JCI by 24.57 points. Meanwhile, BBCA and BBRI shares corrected by 3.76% and 3.13%, respectively. The declines in BBCA and BBRI shares contributed to the JCI’s drop by 22.77 and 19.98 points.

Most sectoral indices closed lower. Only three sectors posted gains, namely Basic Materials (+0.27%), Industrials (+0.51%), and Technology (+5.42%). (KR/ZH)

JCI drops 1.14%, BMRI and BBRI shares drag down

JAKARTA – Jakarta Composite Index (JCI) returned to the red zone, recording a decline of 1.14% or 78.69 points to 6,794.87 in today’s Wednesday (19/2) trading.

Foreign investor sell-offs once again dominated, with total net foreign sales reaching IDR 1.13 trillion. This selling pressure pushed the year-to-date net foreign sell to IDR 10.19 trillion.

Shares of PT Bank Mandiri (Persero) Tbk (BMRI), PT Bank Central Asia Tbk (BBCA), and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) were among the top laggards on the IHSG today.

BMRI shares fell by 5.05% today, dragging down the IHSG by 24.57 points. Meanwhile, BBCA and BBRI shares corrected by 3.76% and 3.13%, respectively. The declines in BBCA and BBRI shares contributed to the IHSG’s drop by 22.77 and 19.98 points.

Most sectoral indices closed lower. Only three sectors posted gains, namely Basic Materials (+0.27%), Industrials (+0.51%), and Technology (+5.42%). (KR)